Social Media is popular, no doubt about that. With that popularity comes the responsibility to be more careful since those with bad intent take advantage of carelessness. This is especially problematic when it comes to your money … since that is what thieves are after … your money. Thieves are also after your identity … so they can access your money. The more you post about yourself, the easier it is for someone to mimic you or a relative (scam call from a relative in distress … they get the info about you, and your family, from you online!).
From the Securities and Exchange Commission website (Investor Alerts)*:
*This is a good website to put in your favorites and refer to once and a while.
Moral of the story: Be smart and be safe with your information.